Inspirational Posts of the Week (December 08, 2013)

It’s getting closer and closer to the end of the year… just a few more weeks if you can believe it! I’m kind of burned out right now, and am greatly looking forward to closing out this year strong. I have a trip out to Maui to look forward to. 🙂

Not to be anti-climatic, but I’ve been able to collect most of the rent this month (3/4 tenants paid), so that means I will have to do some additional Christmas shopping this season for the tenants. 🙂 An end of the year update for all my rental properties is also in progress. I’m always trying to be as transparent as possible!

Also, as I mentioned in last week’s update, I’m working on more real estate investing articles to help out beginner investors. My hope is that these articles will not only inspire, but clearly go over the thought process and rationale for investing in rental property. These articles are consuming a lot more time than I had originally anticipated, but I do hope to get these out later this month.

With that, here are the inspirational posts from this week:

I’ve been thinking about my career the wrong way by Get Financially Integrated!

I love posts like these. Tracking expenses, goals, progress, etc. is all fine and dandy, but it’s the “behind the scenes” insight posts that I enjoy reading the most. Integrator gives us a sneak peak look into life on the fast lane! Is it money you really want?!? Even if it means working long hours, dealing with constant stress, and having to acquire a shark’s mentality? How long before you burn out? Is financial freedom still attainable without all that baggage?

The Journey?! by The Fast Weekly

Continuing with the inside scoop posts, here’s another great one by Bryan. Anyone who was employed before and after the subprime mortgage crisis knows how much the work landscape has changed. Bryan shares his story, and the decisions he had to make. Bottom line, life needs to be about happiness!

Don’t Worry ‘Bout The Mule, Just Load The Wagon by FI Journey

Ever heard of analysis paralysis? It can stop you in your tracks before you even get started. When beginning, I think a lot of green investors (who want to build a better future) second guess themselves too often and as a result, overthink everything. But wealth and freedom don’t happen just because you wish for them. You NEED to take action! FI Pilgrim reminds us of the importance to keep on truckin’!

Do You Work Harder Or Relax More During Good Times? by Financial Samurai

Sam’s post always have a way of spurring interesting discussions. This post will make investors stop and think… especially those who were invested in the markets during the subprime crisis and are now reaping the benefits of 2013’s bull run. Do you work hard… and then even harder?

November 2013 net worth update (+9.6%) by Leigh’s Financial Journey

If I was a betting man, I would put my money on Leigh. Seriously, do you know anyone else under 30 and increasing their net worth by $30,000 in a single month? Sure, I am… although I have to cheat to do it (thanks Zillow!). 😉 Her net worth currently sits at $340,000. By this time next year… will she be at $500,000? $600,000? Crazy…

Dividend Update – November 2013 by Passive Income Pursuit

A dividend investor who is a model for consistency, PIP keeps on investing, rain or shine. The dividend portfolio cleared $2000 this month, and the forward looking 12 month projection is now over $3300. For any dividend investors looking for a “How to invest in dividend growth stocks…” post, look no further than this. These monthly updates will show you how it’s done.

Why I Don’t Compare My Portfolio’s Performance To The S&P 500 by Dividend Mantra

Another dividend investor with the track record to back it up, Jason is also someone you should be following if you’re a dividend investor. This is another one of those posts that ignites discussion. This question isn’t easy to answer, and is something that will probably be hotly debated for decades to come. Bottom line, it’s the passive income stream that will feed you! Whatever you decide to do, just make sure that stream is in place before you ride off into the sunset.

Passive Income – August 2013 Update by Write Your Own Reality

Yes, we know that August wasn’t yesterday, but better late than never! 🙂 Writing2reality updates readers on his passive income progress made earlier this year. I like the look of the table and graph — very clean and organized. I’m also a fan of the diversified portfolio approach. You’ve got Lending Club, Prosper, dividends, and a rental property in the mix.

Investing Can Be A Time Suck by Retire Before Dad

Investing should be easy… isn’t that the whole idea behind passive income? However, if you want that extra edge, you’ll probably find yourself spending a lot of your free time doing research. This time suck is something that usually becomes obvious to us during the holidays. Is it worth the effort? Retire Before Dad shares his thoughts.

Goals Galore 2013 by Life In Center

The most important thing you can do in your investment career is to get started! Opening up a blog helps too! Life In Center’s post reminds me of when I first got things rolling in early 2012. A man with a plan has a much, much higher chance of succeeding! Looking forward to tracking his progress as the months go by!

17 Reasons Why We Still Drive a 17 Year Old Car by Cash Cow Couple

Here’s someone who knows a thing or two about being frugal! Check out Jacob’s ride! I remember when I was in high school… and a ride like this would definitely get scorn, even from high school kids. Way to go! I’m sure you must get a lot of flak for not upgrading to the latest and greatest, but I’m sure your investments and bank accounts are happy with your frugal decision!

Lessons From Thailand by theFIREstarter

As someone who is very interested in starting up international travel next year, I appreciate posts like these from others who have been there and are sharing their own experiences. Not sure when I’ll get a chance to hit up Thailand, but it’s definitely on the bucket list. This post by theFIREstarter will serve as a useful reference guide.

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Dividend Mantra
6 years ago

FI Fighter,

Thanks for including me!

I’m digging that 17 year-old Saturn. It’s just a tad older than my Escort. Nothing like saving cash on those old rides. 🙂

Best wishes!

Fast Weekly
6 years ago

Hi FI Fighter! Thanks for including me. I’ll post the follow up in the next couple days. I’m sorry all your tenants didn’t pay again, but I’m glad you’re going to Maui. I love to surf, and have always wanted to try the north shore. Have a great week.

6 years ago

Thanks for including me! I bet my condo has probably gone up in value by at least $50,000 since I bought it, but I’m not updating it in my net worth. If I did, I could hit $400,000 this year… I also don’t include my car in my net worth. I don’t think I’ll hit $500,000 by the end of next year though – high $400,000s is what I’m expecting.

Two more weeks of work for the year! I can’t wait for the holidays 🙂

Retire Before Dad
6 years ago

Thanks FIF for adding me to your list. I like your intro to each link, explaining the articles. Looking forward to your real estate investing posts. I’m not a beginner, but could use some analysis and cash flow pointers.

6 years ago

Thanks for the mention FIF!. Looking forward to your updates over the course of the year as your journey as a landlord progresses!

Life In Center
6 years ago

Thanks for the add and kind words 🙂

A trip to maui, sounds great! It just started snowing here, so I’m a little bit jealous 😛 😛

6 years ago

My last ”slave pit” blog post really showed the low morale at the moment.. BUT These posts are inspirational and since my discovery of this blog I have been thinking that FI is really attainable. Thanks for the positive vibes.

JC @ Passive-Income-Pursuit

I’ll gladly go on that trip to Maui for you if you need to get some more Christmas shopping done. Thanks again for including me. I’m looking forward to that REI series. Can’t wait to learn more.

JC @ Passive-Income-Pursuit

Also, thanks for the mention!
6 years ago

I just got notified that you had linked to our article. Stupid WordPress! Thanks so much for the kind words!